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British Bookmakers Set to Make Record Contribution for Rights to Show Horse Racing
British bookmakers are on track to make a record contribution to horse racing next year – with the bill for media rights forecast to increase by nearly £30m.
The Betting and Gaming Council’s five biggest members for horse race betting, Entain, Flutter, bet365, 888/William Hill and Betfred, expect to see a record cost increase to broadcast races.
In 2022, BGC members paid £270.1m for the rights to live stream races for customers and show them in bookmakers.
But that cost is forecast to rise to £285.3m this year, an increase of 5.6%, with members estimating a further increase to £315.2m in 2024, a further bump of 10.5%.
The combined increase for media rights costs is now expected to rise by 16.7% between 2022 and 2024.
The figures are based on data supplied by the Betting and Gaming Council’s five biggest members for horse race betting, then adjusted to include smaller operators, who must also pay for media rights.
Michael Dugher, CEO of Betting and Gaming Council, said: “BGC members are already making a record contribution to horse racing and these figures show that is only going to increase.
“This comes despite a reduction in betting turnover on racing in the last five years and a worrying decline in participation in horse race betting overall.
“Horse racing remains a hugely important, world-leading sport, enjoyed by millions of fans and like the betting industry it continues to support large numbers of jobs.
“I know racing is trying to modernise and reach out to new fans, while also trying to bounce back from the Covid pandemic and deal with some difficult economic headwinds, plus deal with the hit on its funding caused by the Government. The betting industry is dealing with many of the same pressures on our revenues and costs.
“The BGC and our members remain fully committed to working together with the leadership of the sport, including the BHA and others, to ensure a better future for racing. But the fact that we are making a record and growing contribution to the sport cannot be ignored.”
The forecast costs come after the BGC announced their members directly contributed £384m to British horse racing last year in levy, media rights and sponsorship deals.
These figures showed an increase on previous estimates for the regulated sector’s contribution, which had placed it at around £350m a year.
In addition, bookmakers spent £125m on marketing to promote racing and betting through advertisements and partnerships, which helps secure vital terrestrial coverage of the sport and raise revenue for print newspaper titles.
As well as the increased costs for media rights, levy payments are projected to be £99m in 2022/2023, according to the Horserace Betting Levy Board.
This record investment also enabled horse racing to use some of these revenues to deliver record prize money of £179.3m in 2022.
Horse racing is the second biggest sport in the UK, second only to football, with more than five million people attending around 1400 fixtures annually across 59 racecourses.
However, its popularity is in decline. In 2007, 17% of the population participated in horse race betting in the previous year, but that fell to 10% in 2018.
Meanwhile football overtook horse racing betting around the same time between 2017/2018.
The Department for Culture, Media and Sport has committed to reviewing the Horseracing Levy by next year.
The Horseracing Levy, which is administered by the Horserace Betting Levy Board, goes towards improving the sport, breeding and boosting veterinary care.
Betting operators are working closely with the British Horseracing Authority and racing stakeholders on much needed reforms to the fixture list and race programme which should increase commercial returns from the levy and media rights.
The regulated betting industry fully supports this once-in-a-generation opportunity to modernise horse racing so it can realise its full commercial potential.
The BGC is also working closely with the government on the proposed reforms from the White Paper to ensure those who enjoy betting can continue to do so without unnecessary intrusion, while introducing improved safeguards for the minority who struggle.
Betting shops currently support around 42,000 jobs, contribute £1bn a year in tax to the Treasury and another £60m in business rates to local councils.
The wider regulated betting and gaming industry contributes £7.1bn to the economy, generates £4.2bn in tax and supports 110,000 jobs.
In April DCMS unveiled the Government’s new White Paper on gambling reform, including a number of key measures the BGC had campaigned for.
Those included a new mandatory Ombudsman for the regulated sector, enhanced spending checks online and a new mandatory levy to fund research, education and treatment to tackle gambling related harm and problem gambling.
Each month in Great Britain around 22.5m adults have a bet and the most recent Health Survey for England estimated that 0.4% of the adult population are problem gamblers.
Meanwhile the unsafe, unregulated gambling black market online is growing in the UK, with the numbers betting on these sites doubling in recent years, and the amount staked in the billions.
AI-powered betting assistant
Why the next billion dollar betting giant will look like a messaging app
Josh Swerdlow at ChatBet, says that as legacy sportsbooks struggle with “search and click fatigue, the next industry titan will win by owning the conversational intent layer where billions of users already live
If you look at any online sportsbook or app, the betting UX legacy debt is clear to see, especially when you compare it with the “invisible and seamless nature of modern tech. In contrast, betting UX is clunky and friction heavy.
This is because current betting interfaces are essentially digital versions of 1990s spreadsheets, with rows of odds and deep menus leading to “search and click” fatigue.
This creates a cognitive overload that only the power users are happy to contend with. These more hardcore bettors will tolerate grids, endless menu scrolling and complex bet types to get to the right wager, but it puts more casual punters in a state of analysis paralysis.
We are now moving from a world of “search and click” to “intent and fulfilment” and sportsbook operators must lean into this to ensure relevance and that they appeal to the widest possible audience.
For the average consumer, if they can book a holiday by chatting with AI, they expect to be able to place a bet on their favourite football team in the same way.
Messaging is the new browser:
Over the next decade, the “moat” for operators isn’t the odds they offer, it’s the layer that captures intent. Whoever owns the conversation will own the consumer. In short, the sportsbook becomes the back-end utility, while the messaging interface becomes the front of mind.
Crucially, this is not a “rip and replace” solution. It integrates seamlessly with existing APIs, allowing operators to modernize their UX overnight without rebuilding their entire tech stack.
Unlike clicks on a page, conversational data reveals exactly what the user wants. This creates a feedback loop that traditional trackers simply can’t match. This intent data gives operators a significant and strong advantage.
It’s not unreasonable to anticipate a multi-book future drive by another shift that sees a single messaging interface route intent to multiple liquidity providers or sportsbook brands. But that’s the future, what do operators need to understand and do right now?
From conversation to transaction:
Let me give a couple of examples that show conversational betting in motion and how it changes user behavior.
Traditional sportsbook UX is a multi-step hurdle race but conversational betting turns it into a sprint. Let’s use the example of a bettor who wants to place a £20 wager on Arsenal to win tonight.
This is the flow for a standard sportsbook.
Open the app. Log in. Search “Arsenal”. Select league. Find match. Click odds. Open bet slip. Enter stake. Confirm.
This takes 10-12 steps, plus additional typing time, so you’re looking at almost a minute to place a single bet.
This is the flow with conversational betting.
The user sends the following message, either as text or a voice note – “£20 on Arsenal to win tonight”. The AI does all the heavy lifting, with the bet set and confirmed in three to five seconds.
And this is just for a single bet. Imagine a same-game-parlay. While this is the highest-margin product for operators, it’s the most complex for bettors to construct, especially on mobile.
Traditionally, bettors scroll through 50+ toggles (corners, yellow cards, goal scorers, etc) trying to remember which players are even in the starting team.
But with conversational betting, the bettor acts as the director, rather than the architect.
Instead, they simply input “Give me a safe 3-leg parlay for the Manchester United game tonight focusing on goals scored”.
The AI will then compile the bet slip and even explain the rationale back to the bettor in its response, all pretty much in real-time.
This is especially important for operators looking to tap into the meteoric rise of prediction markets. If an event can be priced, a chat interface is the most natural way to trade on it, especially for the mass market.
The theory in motion:
ChatBet stands as proof of just how effective conversation betting is at crushing the funnel for acquisition and driving engagement and retention.
Our solution acts as an agentic bookie – a system that doesn’t just answer questions, but independently executes complex workflows across wallets, odds and APIs – living inside WhatsApp, Telegram and even the operator’s betting app.
To be clear, ChatBet functions strictly as the UI and orchestration layer; all critical regulated functions, including KYC, wallet management, ticketing, responsible gambling (RG) and reporting, remain securely inside the operator’s existing licensed stack.
These are just some of the headline stats we have generated with our initial run of operators launches.
Funnel velocity: Our initial launches demonstrate that the ‘time-to-bet’ for complex markets like same-game parlays has dropped by 82%, falling from a 90-second manual ‘build’ to a 4-second conversational ‘request’.
Conversion lift: By removing analysis paralysis, we have seen a 28% increase in bet-slip completion rates compared to traditional mobile web interfaces.
Retention advantage: Users engaging via messaging platforms like WhatsApp show a 35% higher day-30 retention rate than those using standalone betting apps, largely due to the ‘always-on’ nature of the interface.
Operational efficiency: The ‘agentic’ layer successfully interprets and executes 94% of natural language intents without human intervention, effectively providing every user with a private, 24/7 VIP bookie.
Why the intent layer is the ultimate moat:
In the legacy world, an operator’s only defense is their marketing budget. In the conversational world, the defense is data gravity.
Every chat interaction improves the AI’s understanding of local slang, fan sentiment and individual betting patterns. As the system scales, the ‘intent layer’ becomes an insurmountable moat – a competitor can clone a grid of odds, but they cannot easily clone a refined, high-context relationship with millions of users.
For the first time, betting has a ‘network effect’ where the more people who bet via chat, the smarter, and more indispensable, the interface becomes.
The billion dollar outcome:
The potential of conversational betting, and pioneering tech companies such as ChatBet, present a venture-scale opportunity. These are just some of the reasons why:
Viral distribution – piggybacking on the billions of users on WhatsApp/Telegram solves the customer acquisition cost crisis in betting. There’s no more fighting for app store space, with operators acquiring and retaining users directly though chat channels.
The data network effect – every conversation makes the AI smarter, so the more people that use the intent layer, the more defensible the platform becomes.
Regulatory alignment – there is a clear shift toward responsible gambling, and chat-based betting allows for lower-friction, smaller-stake engagement and “nudge” technology for safer play, aligning perfectly with the regulatory climate in 2026 and beyond.
The next billion-dollar betting giant won’t just be a better website, it will be the messaging-native layer that turns every opinion in a chat into a priced, compliant transaction.
The post Why the next billion dollar betting giant will look like a messaging app appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
CertiIQ
CertiIQ Launched by Deion Williams and Julian Borg-Barthet to Streamline iGaming Compliance
CertiIQ
, a RegTech platform created to offer a unified source of truth for certification, audit, and regulatory compliance, has announced its entry into the iGaming sector today.
CertiIQ
consolidates test reports, monitors certification and audit expiration dates, and facilitates secure collaboration among stakeholders. It also provides live RTP monitoring, asset integrity verification through API, workflows for change management, and comparative regulatory gap analysis for businesses entering new markets.
It has also been designed to guarantee that reports are automatically incorporated into client workspaces, eliminating manual transfers and minimizing operational friction, and has been created to facilitate workflows with prominent labs such as GLI, BMM, RiskCherry, Gaming Associates, and eCOGRA.
Leading this innovative platform are seasoned professionals Deion Williams and Julian Borg-Barthet, who collectively bring over 30 years of combined expertise from prominent testing laboratories, operators, and suppliers.
“Building something that we wish we had when we first got started, is a proud moment for us” said Julian Borg-Barthet, Co-Founder of CertiIQ
. “The enthusiastic feedback we’ve received so far has been a testament that we’ve been on the right track.”
Launching in early access this March, CertiIQ
is welcoming its initial customers while progressing toward a live release and is eager to partner with early adopters as regulatory challenges increase across all regulated iGaming markets worldwide.
The post CertiIQ Launched by Deion Williams and Julian Borg-Barthet to Streamline iGaming Compliance appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Bet on Games
Bet on Games Premieres Ranch Robbery — Rugged, High-Octane Crash Experience
Bet on Games unveils Ranch Robbery, a fresh crash game that infuses the wild spirit of the Wild West into the rapidly expanding instant category. The launch enhances the brand’s crash lineup with an audacious thematic approach and performance-oriented features.
As a key segment within the BETCORE ecosystem, Bet on Games keeps growing its instant and crash portfolio, now surpassing 200+ titles ready for integration. With Ranch Robbery, the brand expands its crash offerings, merging established gameplay mechanics with a unique Western theme aimed at distinguishing itself in competitive environments and captivating action-oriented players.
About the Game
Ranch Robbery takes place in a uniquely designed frontier setting where tension escalates in real time. A cowboy dashes across the ranch as the multiplier rises dynamically. The more extended the run lasts, the greater the possible payout; however, if the escape concludes before cashing out, the wager is forfeited.
Every round lasts merely seconds, resulting in a quick decision-making cycle and continuous adrenaline.
The post Bet on Games Premieres Ranch Robbery — Rugged, High-Octane Crash Experience appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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